Oxbow Advisors LLC Makes New $5.66 Million Investment in CF Industries Holdings, Inc. $CF

Oxbow Advisors LLC acquired a new position in CF Industries Holdings, Inc. (NYSE:CF) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 43,576 shares of the basic materials company’s stock, valued at approximately $5,658,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Dimensional Fund Advisors LP boosted its position in shares of CF Industries by 37.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 4,312,225 shares of the basic materials company’s stock valued at $333,501,000 after purchasing an additional 1,178,516 shares in the last quarter. Boston Partners increased its holdings in CF Industries by 15.3% in the third quarter. Boston Partners now owns 3,587,999 shares of the basic materials company’s stock worth $321,852,000 after purchasing an additional 476,769 shares in the last quarter. Invesco Ltd. lifted its stake in CF Industries by 12.0% in the fourth quarter. Invesco Ltd. now owns 3,570,249 shares of the basic materials company’s stock valued at $276,123,000 after buying an additional 381,716 shares during the period. Ameriprise Financial Inc. boosted its holdings in shares of CF Industries by 1.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 3,351,194 shares of the basic materials company’s stock worth $300,602,000 after buying an additional 63,938 shares in the last quarter. Finally, Northern Trust Corp boosted its holdings in shares of CF Industries by 5.5% during the 4th quarter. Northern Trust Corp now owns 3,147,611 shares of the basic materials company’s stock worth $243,436,000 after buying an additional 163,320 shares in the last quarter. 93.06% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Freedom Capital upgraded shares of CF Industries from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 18th. JPMorgan Chase & Co. increased their target price on shares of CF Industries from $94.00 to $115.00 and gave the stock a “neutral” rating in a research note on Wednesday, June 3rd. Bank of America raised their price target on shares of CF Industries from $103.00 to $106.00 in a report on Thursday, May 14th. Zacks Research downgraded shares of CF Industries from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 15th. Finally, Wall Street Zen raised shares of CF Industries from a “hold” rating to a “buy” rating in a research note on Saturday, April 11th. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, CF Industries currently has an average rating of “Hold” and an average target price of $118.50.

CF Industries Trading Up 0.1%

NYSE CF opened at $110.61 on Friday. The company has a quick ratio of 3.15, a current ratio of 3.54 and a debt-to-equity ratio of 0.39. CF Industries Holdings, Inc. has a 52 week low of $75.42 and a 52 week high of $141.96. The business has a 50 day moving average price of $115.32 and a 200-day moving average price of $106.53. The company has a market cap of $16.99 billion, a price-to-earnings ratio of 9.94 and a beta of 0.40.

CF Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date was Friday, May 15th. CF Industries’s payout ratio is 17.97%.

CF Industries Profile

CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.

Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.